Common use of Land Premium- Clause in Contracts

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ (AS PER CLAUSE 1 OF RFP) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 2008. v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ (AS PER CLAUSE 1 OF RFP) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) development and operations of Commercial Facility in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra Khsetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 20082008 . v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ (AS PER CLAUSE 1 OF RFP) Sq.m for _______development and operations of Education Facility in ____ (AS PER CLAUSE 1 OF RFP) in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra Khsetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 20082008 . v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ (AS PER CLAUSE 1 OF RFP) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra Khsetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 20082008 . v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ (AS PER CLAUSE 1 OF RFP) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) development and operations of Health Facility in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees __________ (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra Khsetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 20082008 . v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring ____ 94,616.00 Sq.m (AS PER CLAUSE 1 OF RFPapprox.) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) Allotment of Land for Development of Civic Centre at Sector-21 in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR __________/- (Rupees __________ (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra Khsetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 20082008 . v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.

Land Premium-. i. The Lessee has made the payment of 100% of the accepted Land Lease Premium of INR /- (Rupees (In words) only) represents the land lease premium at the rate of INR _ per sq. m for plot admeasuring Sq.m for development and operations of Recreational Facility in ____ (AS PER CLAUSE 1 OF RFP) Sq.m for ___________ (AS PER CLAUSE 1 OF RFP) in (AS PER CLAUSE 1 OF RFP) sectors of Xxxx Raipur Xxxx Nagar or has submitted the Bank Guarantee _________for balance land premium and promised to pay balance Land Premium as per Schedule VII. The Lessee has made the payment of first year’s annual lease rent for this plot at the rate of 2 % of Lease Land Premium + 18% GST on the Lease Rent amounts to INR /- (Rupees __________/- (Rupees _ (In words) only) and GST amounting Rupees ________/- (Rupees __________ (In words) only). The applicable taxes shall be paid by the lessee in addition with the Lease Rent. ii. The Lessee shall from the date of execution of this Agreement and during the term of first thirty years of Lease Period, pay Lease Rent to the Lessor at the rate of 2% (Two Percent) of the Total Land Premium along with GST and other applicable taxes per annum in advance before 1st day of April of every year during the Lease Period. iii. However, the first payment of Lease Rent shall be for the period commencing from the date of execution of this Agreement till 31st March of the subsequent calendar year in which the Agreement is executed and the same shall be deposited by the Lessee at the time of execution of the Agreement. In the last year of subsistence of the Agreement, the Lease rent due shall be for the period from 1st April till the Agreement ceases to be in force. iv. Provided that, on and with effect from the thirty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the thirtieth year, as decided by the NRANVP and similarly on and with effect from the sixty-first Year of this Agreement, the Lease Rent payable per annum shall stand increased maximum by 100% (Hundred Percent) of the Lease Rent prevalent in the sixtieth year, as decided by the NRANVP, under the provisions of Chhattisgarh Xxxxxxx Kshetra Khsetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam 20082008 . v. Any incentive provided by State government w.r.t. Lease Rent under Rule 5 of Chhattisgarh Xxxxxxx Kshetra (Xxxxx Sampattika Vyayan) Niyam shall be applicable to Lessee under this agreement.